Does the Dow Need Bank of America?

The following video is part of our "Motley Fool Conversations" series, in which Fool contributor and personal finance analyst Dan Caplinger discusses topics from around the investing world.

Today, Dan looks at Bank of America in the latest installment of a Motley Fool series in which we examine how each Dow stock affects the world-renowned blue chip average. The banking giant has the lowest share price of any Dow component, and because of the way that the Dow Jones Industrials is calculated, that gives B of A almost no influence over the average. Dan discusses whether that makes sense and speculates about the possibility of another bank taking B of A's place in the Dow.

Author

Dan Caplinger has been a contract writer for the Motley Fool since 2006. As the Fool's Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on Fool.com. With a background as an estate-planning attorney and independent financial consultant, Dan's articles are based on more than 20 years of experience from all angles of the financial world.
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